Credit card companies prey on students, banking on the notion that freshmen are strapped for cash and excited about the prospect of “easy” money. They also expect students to be careless with credit cards, racking up late fees and high interest payments. If you’re set on having a credit card, shop around for the best one with the lowest interest and fees. Weigh the pros and cons and set a reasonably low spending limit. Manage it wisely, using it only for emergencies, and pay off the balance (on time) every month. Also remember, credit cards are not the ONLY way to build credit.